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Any DUer whose time frame isn't greater than seven years should think about divesting (Original Post) DemocratSinceBirth Aug 2017 OP
Not going to sell out a family stock inheritance in Heartstrings Aug 2017 #1
If that loon actually starts a land war in Asia the world will be thrown into depression. DemocratSinceBirth Aug 2017 #3
The way I have to think about it is Heartstrings Aug 2017 #4
Unsolicited advice? Sell it (or most of it) and reinvest in low load balanced index funds. Warren DeMontague Aug 2017 #7
This is good advice. herding cats Aug 2017 #9
Neenah - Class of 74 graduate here! LeftInTX Aug 2017 #10
Exactly why I'm always in a 3% pre-tax savings account. Period. No stocks. lindysalsagal Aug 2017 #2
Inflation is your enemy. herding cats Aug 2017 #8
I know that but I'm not risking my principle. lindysalsagal Aug 2017 #19
This bubble is going to burst regardless XRubicon Aug 2017 #5
Yes. The market is priced for perfection. DemocratSinceBirth Aug 2017 #6
.... A HERETIC I AM Aug 2017 #11
Yeah, I remember in March of 09 the Nostradamuses here said the dow would hit 300 before it was over Warren DeMontague Aug 2017 #13
It's interesting how easy it is to "call a top"... A HERETIC I AM Aug 2017 #15
Sigh. I had it down to the week, man. Warren DeMontague Aug 2017 #16
I was a broker from Sept of 06 through July of 09 A HERETIC I AM Aug 2017 #18
How do the markets react DemocratSinceBirth Aug 2017 #20
The wall street traders love Trump BainsBane Aug 2017 #12
Well, if you have this Ayn Rand/Milton Friedman belief that Gov't is always evil Warren DeMontague Aug 2017 #14
So far, I'm betting a combination of tradition and the 25th Amendment DFW Aug 2017 #17

Heartstrings

(7,349 posts)
1. Not going to sell out a family stock inheritance in
Thu Aug 10, 2017, 07:41 PM
Aug 2017

Kimberly Clark for these assholes.....my grandmother worked/sacrificed so this can be handed down to her great grandchildren.....

Nope....not going to do it!

Heartstrings

(7,349 posts)
4. The way I have to think about it is
Thu Aug 10, 2017, 08:32 PM
Aug 2017

everyone needs toilet paper, Kleenex, paper towels, etc. ....

Kimberly Clark isn't owned by the Koch Bros......I will do everything I can to stifle those evil men.

The company is based in my home state, my mother worked there, packing women's fem hygiene products, while my father was a pilot instructor during WWII. My grandmother began buying it, at the advice of her employer, who she sewed/cleaned and Nannied his children for while he and his wife traveled to Europe for months, from the very beginning....it has sentimental value!

Knowing "where" my money is, and "with whom" is always an issue these days, as well.

Buy Kimberly Clark....hell it's American......
#MAGA
(That was really painful to write)

Warren DeMontague

(80,708 posts)
7. Unsolicited advice? Sell it (or most of it) and reinvest in low load balanced index funds.
Fri Aug 11, 2017, 01:29 AM
Aug 2017

(Even without the shit going down in NK... which could turn out to be just dick-waving, there's a lot of that that goes on with that country; fact is, the market is near all-time highs right now, so it's not a bad time to consider it.)

I get sentiment, but you don't want to have all your eggs in ANY single equity. Doesn't matter which company.

LeftInTX

(25,567 posts)
10. Neenah - Class of 74 graduate here!
Fri Aug 11, 2017, 01:38 AM
Aug 2017

Neenah Wisconsin: home of Kimberly-Clark

(Well at least it used to be, till they moved their HQ to Dallas)

lindysalsagal

(20,733 posts)
2. Exactly why I'm always in a 3% pre-tax savings account. Period. No stocks.
Thu Aug 10, 2017, 07:43 PM
Aug 2017

It's not growing, but it's not disappearing, either.

herding cats

(19,568 posts)
8. Inflation is your enemy.
Fri Aug 11, 2017, 01:35 AM
Aug 2017

Inflation on the real goods you'll be purchasing later is actually what you need to watch out for. You're not hedging your bets enough to cover that at this point.

lindysalsagal

(20,733 posts)
19. I know that but I'm not risking my principle.
Fri Aug 11, 2017, 06:52 AM
Aug 2017

I also have a pension, so, it's not my real source of income.

A HERETIC I AM

(24,380 posts)
11. ....
Fri Aug 11, 2017, 01:39 AM
Aug 2017

Oh look! Someone with a crystal ball!!


Sell it all!!


And then there is the best response one should have regarding anonymous investing advice on a message board;

Warren DeMontague

(80,708 posts)
13. Yeah, I remember in March of 09 the Nostradamuses here said the dow would hit 300 before it was over
Fri Aug 11, 2017, 01:56 AM
Aug 2017

I caught a lot of shit for speculating that I thought it might be a good time to buy, IIRC.



Everything I know about the Stock Market I learned from Rodney Dangerfield in "Caddyshack".

A HERETIC I AM

(24,380 posts)
15. It's interesting how easy it is to "call a top"...
Fri Aug 11, 2017, 02:03 AM
Aug 2017

But no one, at least on this board, seems to be able to call a bottom

"When there is blood on the floor and everyone is running for the doors, the smart money turns and walks the other way"

Warren DeMontague

(80,708 posts)
16. Sigh. I had it down to the week, man.
Fri Aug 11, 2017, 02:06 AM
Aug 2017

Unfortunately I wasn't what you would call "super liquid" at the time.

Otherwise I would have.. what, nearly quardupled by now?



A HERETIC I AM

(24,380 posts)
18. I was a broker from Sept of 06 through July of 09
Fri Aug 11, 2017, 02:33 AM
Aug 2017

I remember watching Ford shares fall and fall and fall. The lowest point was $1.01 a share.

You could have turned a thousand bucks into 18 grand in the space of 3 years.

But.....when they gave me my certification for passing the Series 7, they didn't give me a crystal ball

Another great adage:

"Buy what's cheap, sell what's expensive"

If you have a margin account, you can do both on either side of the trade.

DemocratSinceBirth

(99,714 posts)
20. How do the markets react
Fri Aug 11, 2017, 08:04 AM
Aug 2017

-if Trump orders a preemptive nuclear first strike that kills millions of Koreans?
- if said strike causes civil unrest in the U S and major cities throughout the globe?
- if we attack Korea with conventional weapons and they respond by using chemical, biological, and nuclear weapons on Seoul and Tokyo?
- the war goes on for months and China gets involved?
-Trump declares martial law.

I am far from a rich man but I'll wager a C Note contribution to DU if it's still around that after any of the above happen that we we'll see Dow 15,000 before we see Dow 25,000.

Trump is not normal. He is capable of precipitating the apocalypse.




Warren DeMontague

(80,708 posts)
14. Well, if you have this Ayn Rand/Milton Friedman belief that Gov't is always evil
Fri Aug 11, 2017, 01:58 AM
Aug 2017

the next best thing to a nonexistent one is a completely paralyzed, ineffectual one that can't do anything at all.

And he's got that shizzz, down.

DFW

(54,445 posts)
17. So far, I'm betting a combination of tradition and the 25th Amendment
Fri Aug 11, 2017, 02:11 AM
Aug 2017

Traditionally, Republicans are posturing cowards. They only try to attack where they think their adversary will not shoot back (Iraq was a major miscalculation, not a deviation, where Panama and Grenada were more typical). Notice that for all their swaggering, they never even considered invading Iran. With an army of a million brainwashed fanatics in a relatively small, mountainous geographical area, any invasion would result in tens of thousands of American dead, not to mention probably a million South Koreans, and you can believe no "coalition of the willing" will be willing to join us.

If Trump actually is insane enough to try to order an attack on North Korea, I'm betting he meets enough resistance in the Pentagon and Congress to declare him sufficiently mentally unbalanced as to remove him as CIC, maybe from office altogether as the former Republican Senator from New Hampshire suggested on Lawrence O'Donnell tonight.

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